$335,000

605 E Erwin St

Tyler TX, 75702

Description

Great downtown investment property. Current owner occupies approximately 1200 square feet and is willing to stay on as a 5 year tenant for future owner if wanted. That leaves the remaining 7380 square feet for a new owner user or flexible rental opportunity. Secondary 1300 square foot building with its own address at 527 E Erwin comes with property (see pictures). With close proximity to the Downtown Square & the Medical District you will not find a better opportunity for a ground level investment for growth. Medical School is expected to be approved in early Q2 of 2021 which will grow the area even more. Not many buildings for sale in the Downtown market left! Call today.

Details

MLS#14448372
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1932
Days On Site50

Features

SQ Feet8,580
Story(s)1
Units2
ZoningM-1

Market Activity 75702

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Area Information
StateTX
CountySmith
CityTyler
Zip Code75702
AreaSMITH COUNTY (98)
Listing VS Median (in 75702)
Price:
$335,000
low | high
Med:
$153,990
100% of Average
SqFt:
8,580
low | high
Med:
1,090
100% of Average
$ / SqFt:
$39
low | high
Med:
$141
100% of Average
On Site:
50
low | high
Med:
223
22.421524663677% of Average
Listing Updated: November 24, 2020 8:05:48 PM PST
Dana Staples LogoMLS Number: 14448372
Listing Provided By:
Dana Staples  of  United Country Lake Palestine

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.